240 NE 5th St
Gresham, OR 97030
Central City- 3 Beds
- 3 Baths
- 1,746 sqft
$375,000
Last Sold: Nov 4, 2025
4% below list $390K
$215/sqft
Est. Refi. Payment $2,230/mo*
$375,000
Last Sold: Nov 4, 2025
4% below list $390K
$215/sqft
Est. Refi. Payment $2,230/mo*
3 Beds
3 Baths
1,746 sqft
Local Information
-- mins to
Description
**MOTIVATED SELLERS!** Experience upscale living in the heart of Historic Downtown Gresham! This beautifully maintained townhome offers a spacious and inviting layout and features a large living area with a cozy gas fireplace and a chef-inspired kitchen complete with newer appliances, under-cabinet lighting, and a breakfast bar. Enjoy three full bathrooms, and a vaulted primary suite with its own fireplace, walk-in closet, loft space, and private covered balcony. The main level includes a versatile office/den that can function as a third bedroom. Step out onto the oversized deckâperfect that is already plumbed for gas and great for entertaining. Additional highlights includes a 2-car garage with 50 amp 220 volt circuit, easy conversion for electric car charger, central vacuum plumbing, and abundant storage throughout. All of this just one block from the vibrant Gresham Arts Plaza, offering a weekend farmers market, splash pad, and open green space that is perfect for relaxing or gathering with the community.
240 NE 5th St, Gresham, OR 97030 is a 3 bedroom, 3 bathroom, 1,746 sqft townhouse in Central City, built in 1996. It last sold for $375,000 on Nov 4, 2025 (4% below the $390,000 asking price). More recently, it was listed as a rental in September 2015 with an asking price of $1,850 per month. That rental listing was removed on October 7, 2015. It is currently off market. The Trulia Estimate is $376,800, with a rent estimate of $2,429/month.
Home Highlights
Parking
2 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
$419/Monthly
Price/Sqft
$215/sqft
Listed
180+ days ago
Last check for updates: about 15 hours ago
Listed by William Grzebyk, (503) 505-2816
Redfin
Bought with: Gene Farr, (503) 896-4959, Premiere Property Group, LLC
Source: RMLS (OR), MLS#182574060

Home Details for 240 NE 5th St
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MLS Status: Sold |
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Interior Details Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1746 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Gas Water HeaterDishwasherLaundry: Laundry RoomMicrowave |
Heating & Cooling Heating: Forced Air,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 2Fireplace: GasSpa: BathHas a FireplaceHas a Spa |
Gas & Electric Gas: Gas |
Windows, Doors, Floors & Walls Window: Vinyl FramesDoor: French DoorsFlooring: Tile, Wall to Wall Carpet, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: Garage On Main, Main Floor Bedroom Bath, Walkin Shower, AccessibilityFloors: Tile, Wall To Wall Carpet, Vinyl |
View Has a ViewView: City |
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Exterior Home Features Roof: CompositionPatio / Porch: PatioExterior: BalconyFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: On Street,Attached |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 165 |
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Year Built Year Built: 1996 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, TownhouseStructure Type: TownhouseArchitecture: Townhouse |
Building Construction Materials: Stone, Wood SidingNot a New ConstructionAttached To Another Structure |
Property Information Condition: Updated/RemodeledParcel Number: R230543 |
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Price List Price: $390,000Price Per Sqft: $215/sqft |
Status Change & Dates Off Market Date: Sun Sep 28 2025 |
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Direction & Address City: GreshamCommunity: Central City |
School Information Elementary School: East GreshamJr High / Middle School: Dexter MccartyHigh School: Gresham |
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Building Area Building Area: 1746 Square Feet |
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Not Senior Community |
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Has an HOAHOA Fee: $419/Monthly |
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Lot Area: 2613.6 sqft |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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Mls Number: 182574060 |
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HOA Amenities: Commons, Exterior Maintenance, Management |
Price History for 240 NE 5th St
| Date | Price | Event | Source |
|---|---|---|---|
| 11/04/2025 | $375,000 | Sold | RMLS (OR) #182574060 |
| 09/28/2025 | $390,000 | Pending | RMLS (OR) #182574060 |
| 04/29/2025 | $390,000 | PriceChange | RMLS (OR) #182574060 |
| 04/17/2025 | $400,000 | Listed For Sale | RMLS (OR) #182574060 |
| 11/22/2021 | $399,900 | Sold | RMLS (OR) #21448217 |
| 11/04/2021 | $399,900 | Pending | RMLS (OR) #21448217 |
| 10/16/2021 | $399,900 | PriceChange | RMLS (OR) #21448217 |
| 10/08/2021 | $409,900 | PriceChange | RMLS (OR) #21448217 |
| 09/24/2021 | $414,900 | PriceChange | RMLS (OR) #21448217 |
| 09/07/2021 | $415,000 | PendingToActive | RMLS (OR) #21448217 |
| 08/23/2021 | $415,000 | Pending | RMLS (OR) #21448217 |
| 08/20/2021 | $415,000 | Listed For Sale | RMLS (OR) #21448217 |
| 10/07/2015 | $1,775 | ListingRemoved | Agent Provided |
| 09/26/2015 | $1,775 | PriceChange | Agent Provided |
| 09/10/2015 | $1,850 | Listed For Rent | Agent Provided |
| 08/18/2014 | $1,695 | ListingRemoved | Agent Provided |
| 07/21/2014 | $1,695 | PriceChange | Agent Provided |
| 07/03/2014 | $1,975 | PriceChange | Agent Provided |
| 06/10/2014 | $2,200 | Listed For Rent | Agent Provided |
| 08/02/2007 | $280,000 | Sold | N/A |
| 07/01/2004 | $220,000 | Sold | N/A |
| 06/27/1997 | $205,901 | Sold | N/A |
Market trends in Gresham
Last updated May 2026
Avg. sale price
$465K
$5.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$266
$1MoM
Available listings
315
24MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,202 |
| Assessment | $442,330 |
Home facts updated by county records
Comparable Sales for 240 NE 5th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.02 | Townhouse | $425,000 | 05/15/26 | 3 | 3 | 1,806 | |
0.18 | Townhouse | $407,000 | 05/13/26 | 3 | 3 | 1,459 | |
0.33 | Townhouse | $380,000 | 07/14/25 | 3 | 3 | 1,378 | |
0.32 | Townhouse | $310,000 | 04/22/26 | 3 | 3 | 1,376 | |
0.34 | Townhouse | $311,000 | 08/27/25 | 3 | 3 | 1,392 | |
0.28 | Townhouse | $317,500 | 04/21/26 | 3 | 3 | 1,387 | |
0.48 | Townhouse | $310,985 | 12/01/25 | 3 | 3 | 1,634 | |
0.90 | Townhouse | $359,000 | 06/04/26 | 3 | 3 | 1,346 | |
0.94 | Townhouse | $349,000 | 09/16/25 | 3 | 4 | 1,564 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 240 NE 5th St.
What Locals Say about Central City
At least 14 Trulia users voted on each feature.
89 % Say parking is easy
87 % Say it's dog friendly
79 % Say it's walkable to restaurants
75 % Say there are sidewalks
73 % Say car is needed
71 % Say it's walkable to grocery stores
68 % Say there's holiday spirit
63 % Say kids play outside
61 % Say yards are well-kept
58 % Say streets are well-lit
53 % Say people would walk alone at night
44 % Say neighbors are friendly
42 % Say they plan to stay for at least 5 years
42 % Say it's quiet
40 % Say there's wildlife
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 240 NE 5th St
Off Market Homes Near 240 NE 5th St

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS⢠of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS⢠logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright Âİ 2026 RMLSâ˘, Portland, Oregon.
This content last updated on 2026-07-03 09:04:01 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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